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Deal closed Jan 2024 · Los Angeles Verified

Ares Management acquires CoolSys

Private equity firm Ares Management Corp. acquired refrigeration and HVAC services platform CoolSys in 2019, establishing a PE-backed consolidation platform.

“In 2019, Ares Management Corp. acquired CoolSys.”

Entities

HVACRefrigeration
Source: ACHR News, Jan 2024, p.174 (OCR)

Signals are extracted from public coverage and print archives and pinned to a verbatim quote, presented as reported by their sources; naming a company in a signal is not an accusation against it. The verified mark denotes a high-confidence, corroborated signal. Magazine signals are transcribed via OCR and cite the print issue and page. See our methodology and legal notes.